Apple Japan hit with $98 mln in back taxes- Nikkei - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Apple Inc’s (AAPL.O) Japan unit is being charged 13 billion yen ($97.82 million) in additional taxes by Tokyo for bulk sales of iPhoneS and other Apple devices to foreign tourists that were incorrectly exempted from the consumption tax, Nikkei reported.

A customer looks at Apple's new iPhone XS after it went on sale at the Apple Store in Tokyo's Omotesando shopping district, Japan, September 21, 2018.A customer looks at Apple's new iPhone XS after it went on sale at the Apple Store in Tokyo's Omotesando shopping district, Japan, September 21, 2018.

According to the newspaper, bulk purchases of iPhones by foreign shoppers were discovered at some Apple stores with at least one transaction involving an individual buying hundreds of handsets at once and the store missed taxing at least one possible reseller.

 

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